| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $87M | $60M | 7.8% | 57.7% |
| Op. Income | $45M | $42M | $23M | 8.4% | 93.3% |
| Gross Margin | 85.2% | 85.4% | 84.3% | -0.2pp | 0.9pp |
| Net Margin | 47.5% | 46.9% | 40.0% | 0.6pp | 7.5pp |
| EPS (Diluted) | $0.52 | $0.48 | $0.28 | 8.3% | 85.7% |
| Free Cash Flow | $51M | $46M | $31M | 9.6% | 65.6% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $80M |
| R&D Expenses | $2M |
| Selling & Marketing | $31M |
| General & Administrative | $2M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $65.0K |
| Other Income/Expenses | -$65.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $136.0K |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $80M |
| R&D Expenses | $2M |
| Selling & Marketing | $31M |
| General & Administrative | $2M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $65.0K |
| Other Income/Expenses | -$65.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $136.0K |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $136.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$191.2K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$258.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$104M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $318M |
| Net Receivables | $33M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $600.0K |
| Tax Assets | $607.0K |
| Other Non-Current Assets | $450.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $448M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $384M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $383M |
| Minority Interest | $0 |
| TOTAL EQUITY | $383M |
| TOTAL LIABILITIES & EQUITY | $446M |
| Total Debt | $4M |
| Net Debt | -$65M |
